Addressing the issue, Sheikh Bashiruddin acknowledged the problem of rising prices of rice, especially for popular varieties like Nazirshail and Miniket. He said that the retail prices of these varieties have increased much more than the wholesale prices. Efforts are currently underway to investigate the reasons behind this discrepancy. Overall, the price increase seems unreasonable. […]
Authorities later issued an international tender to import 50,000 tonnes of non-Basmati parboiled rice, prompting six bidders to participate. An Indian exporter, Bagadia Brothers Private Limited, won the contract as the lowest bidder. A sum of $458.84 will be spent for each tonne of rice imported, for a total of $22.94 million – Tk 2.75 […]
Rice prices have remained high for several years and have increased further in recent months. According to the Trading Corporation of Bangladesh (TCB), the price of one kg of coarse rice is now 54 to 58 taka, whereas a year ago it was 48 to 50 taka. Similarly, the price of medium rice is 60 […]
However, analysis of agricultural marketing department information shows that currently rice prices in three divisional towns – Rajshahi, Rangpur and Sylhet are cheaper than the newly determined minimum price of rice. In Rajshahi, the price is Tk 45, and in Rangpur and Sylhet it is Tk 46. Questions are being raised on fixing the same […]
The gap between production and consumption of rice still persists. According to the Agriculture Ministry, production is quite good, at least 50 lakh tonnes more than the demand. Therefore there is no need to import rice. However, despite surplus production, rice prices are rising. Meanwhile, the United States Department of Agriculture (USDA) said rice production […]
The Department of Agriculture Marketing has fixed the prices of 29 food products including fish, meat, eggs, pulses and vegetables at the producer, wholesale and retail levels. A notification in this regard signed by the department's Director General Mohammad Masood Karim was published on Friday.
Masood Rana of Jamalpur was resting on his bed at the National Institute of Cancer Research and Hospital (NICRH) after having lunch on February 8. However, he did not eat lunch that day which the hospital served him. “If the quality of food was really good, why wouldn't I eat the free food offered by […]
However, the Indian government said that despite the overall ban on onion exports, kitchen items will be exported to six countries in limited quantities at the G2G (government to government) level. Although it is being said in media reports that the government has taken this decision due to the recommendations of the Foreign Ministry of […]
Just as the political leadership of Bangladesh is unable to reach a consensus on any domestic issue, similarly they are equally adamant on foreign policy issues. BNP leaders say the border with Myanmar is turbulent and unsafe due to the government’s subservient foreign policy. On the other hand, Awami League leaders are not ready to […]
Additionally, VAT on import of refined and unrefined soybean and palm oil has been fixed at 10 percent instead of the existing 15 percent. This will remain in force till April 15. Meanwhile, before Ramadan, the import duty on dates has been reduced by 10 percent. The current duty is 25 percent which will remain […]
On the other hand, food inflation in the country fell to 9.58 percent in December last year, which was 10.76 percent in November. Food inflation reached a 12-year high of 12.56 percent in October last year. In December last year, food inflation was 9.66 percent in rural areas and 9.46 percent in cities. Overall non-food […]
“After the anti-hoarding campaign started, there is no trading of rice in the market. Earlier each wholesaler used to sell five to six trucks of rice every day. Now not a single truck is selling rice. In such a situation, many traders are forced to sell rice at low prices. Otherwise, if any stock of […]
Guti Gold variety rice is now priced at Taka 2,400 per bag and Taka 48 per kilogram, up from Taka 2,200 and Taka 44-45 respectively a week ago. Swarna-5 prices increased by Tk 250 to Tk 2,600 per bag and by Tk 5 to Tk 52 per kg. Additionally, the per kg price of Miniket […]
It is noteworthy that quota has already been sought from India for the import of six essential commodities including rice and wheat in December 2022. However, recent emphasis on this matter suggests a renewed focus. Sources reveal that after the January 7 elections, discussions were held at the highest level of both the countries. Briefing […]
He underlined the need for government intervention for comprehensive monitoring of the market at all levels of the supply chain. However, Food Minister Sadhan Chandra Majumdar assured that there has been good production of paddy and food stocks in the country are adequate. After assuming the ministerial post for the second term, he held a […]